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Answer the following questions, drawing upon the assigned readings and resources and using specific examples from those readings and resources to...
Answer the following questions, drawing upon the assigned readings and resources and using specific examples from those readings and resources to illustrate and explain your thoughts. In answering these questions, please follow this format:--write out the question and then provide your response.--when you reference (name) a theory, cite your source using the APA in--text citation style.--you must cite sources and provide bibliographic reference at the end of the assignment. For an example of how to format this correctly, go to the Course Information module, click on Course Readings and Materials and see the correct style for the textbook. The Shaw & Barry (2013) text is your primary resource in this course.Assigned questions:With each answer, you should discuss the issues and set forth and defend a clear position on whether or not any constraint ought to be placed on the freedom of a business to:export capital for production abroadexport commodities which have been banned from sale in the United Statesdownsize in the face of economic difficultybreak union contracts in the face of economic difficultyREMEMBER, YOU MUST USE AT LEAST TWO OF THE THEORIES AND FACTS FROM THE READINGS TO SUPPORT YOUR POSITION.Make sure that you have adequately dealt with all the subtleties of the particular theory. The answers to these questions can be found in the text but merely quoting from the text or paraphrasing the text will earn minimal credit--the answers should be in your own words and should involve some explanation and discussion of what these concepts mean.While the schedule allows you to work on this at the same time as the group discussion, I suggest you hold off finalizing and submitting your written assignment until you see some of the group discussion--often the discussion raises issues or thoughts you can use in your paper. Also, you will receive my comments on your original answer before the written assignment is due and that should also provide you with some thoughts on structure or format.from discussion 2 - " Shaw and Barry distinguish two different forms of utilitarianism. What are these two forms. Briefly describe each and use examples.Act and Rule Utilitarianism are the two forms that Shaw and Barry discuss.According to the textbook, act utilitarianism is the classic and most straight forward version of utilitarianism. We have one and only one moral obligation, the maximization of happiness for everyone concerned, and every action is to be judged according to how well it lives up to this standard (pg 76 moral issues in business 2012). It brings the greatest amount of happiness in a particular situation regardless of the consequences. Shaw and Barry say rule utilitarianism maintains that the utilitarian standard should be applied not to individual actions but to moral codes as a whole. The rule utilitarian asks what moral code a society should adopt to maximize happiness. The principles that make up that code would be then be the basis for distinguishing right actions from wrong actions (pg 77, moral issues in business). The best example I found is-A friend comes to your door and asks to be hidden so they are not killed.-You then hide them in the basement.-There is a knock at the door and it is the person who is looking for your friend. They ask if your friend is hiding here.Act Utilitarianism says: No, I have not seen him in weeks-Thinking of short term consequences.Rule Utilitarianism says: Yes, he’s right down the stairs. Choosing to tell the truth even though it leads to bad consequences. Thinking long term because lying is always wrong to do and leads to negative consequences (parenethical.com/phi100fa11/2011/10/18/act-vs-rule-utilitarianism).2) What do economists mean by the "declining marginal utility of money"?According the textbook, declining marginal utility of money mean the successive additions to one's income produce, on average, less happiness or welfare than did earlier additions ( pg 112 moral issues in business 2012). The economists mean if someone is strapped for funds, they will only buy what they need and can afford. If they come across extra funds they will spend it on items that give them less pleasure.3) Robert Nozick presents his entitlement theory as a function of three basic principles. What are these three basic principles?The theory is composed of three main principles. The first principle of Nozick's entitlement theory concerns the original acquisition of holdings that is, the appropriation of upheld goods or the creation of new goods, if a person acquires a holding in accordance with this principle, then he or she is entitled to it. This basically states if they fairly acquired their acquisitions then they are entitled to them. Nozick's second principle concerns transfers of already owned goods from one person to another, how people may legitimately transfer holdings to others and how they may legitimately get holdings from others. If a person possesses a holding because of legitimate transfer, then he or she is entitled to it. An example I can come up with is selling a used car. As long as the person acquiring the car fulfills the payment or exchange it will constitute a legitimate acquisition. Nozick's third and final principle states that one can justly acquire a holding only in accord with the two principles previously discussed. If you come by a holding in some other way, you are not entitled to it. This theory states if you aquired something not by the first two principles, you unjustly acquired it. (Pg 114-115 Moral issues in business 2012)4) Two main features of John Rawls's theory of distributive justice are particularly important. What are these two features? Describe them.2) The textbook states ocial and economic inequalities are to satisfy two conditions. First, they are to be attached to positions and offices to open to all under conditions of fair equality of opportunity; and second, they are to be to the greatest expected benefit of the least advantaged members of society. I believe the idea is that social and economic inequalities are not wrong, or bad, in themselves. They only become indefensible when they don't operate to improves the position of the worst off.5) What is the MAXIMIN rule for making decisions?According to the textbook MAXIMIN rule states you should select the alternative under which the worst that could happen to you is better than the worst that could happen to you under any other alternatives that is , you should try to maximize the minimum that you will receive. It is basically stating that it is a cautious or conservative decision. 6) What is the role of the "veil of ignorance" in Rawls' theory of distributive justice? The textbook states veil of ignorance eliminates bias and makes the original position a fair way of choosing principles. I believe this means principles of justice are the result of a fair agreement or bargain (pg 121 Moral issues in business).7) According to Shaw and Barry, deciding what sort of economic arrangements would best promote human happiness requires the utilitarian to consider many things. What are the five considerations mentioned by Shaw and Barry? The five considerations mentioned by Shaw and Barry are..1) The type of economic ownership.(private, public, mixed)2)The way of organizing production and distribution in general.3)The type of authority arrangements within the units of production. 4)The range and character of material incentives. 5)nature and extent of social security and welfare provisions. "
.1. Export capital for production abroad:According to Shaw and Barry, deciding what sort of economic arrangements would bestpromote human happiness requires the utilitarian to consider many...